Cathie Wood says ETH corporate shells create premium-yield crypto proxies

Cathie Wood highlights that staked ETH is moving into corporate entities, forming premium yield proxies. She emphasizes a transition towards indirect cryptocurrency exposure.

Ethereum has surged over 50% in the last month, with a total value locked of 82.88 billion USD. Ark Invest recently acquired 175 million USD worth of Bitmine shares while cutting back on Coinbase and Robinhood investments.

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